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Comcast offers $65 billion for 21st Century Fox assets

NBC NEWS - The battle for the owner of "X-Men" and "Fantastic Four" is now official.

Comcast, the giant cable operator, on Wednesday formally announced a $65 billion bid for large parts of 21st Century Fox, putting it into direct competition with Disney, which already has a $52 billion deal for Fox's entertainment assets.

Comcast, which owns NBCUniversal, the parent company of NBC News, is looking to buy Fox's movie and TV production assets, global TV channels such as National Geographic and two major satellite distributors, Sky in Europe and Star in India.

As part of its bid, Comcast matched Disney’s break fee of $2.5 billion, which is triggered if the deal is successfully blocked by the U.S. government. Comcast's bid comes a day after a U.S. judge emphatically approved AT&T's acquisition of Time Warner despite objections from the Department of Justice.

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